Technical analysis $PHA 👀
The bulls have demonstrated strength by defending the key $0.03 support level on high volume. Buyers stepped in exactly where they needed to 😉.
The daily RSI is recovering, and a new bullish impulse appears to be building.
A breakout above the current range could open the path toward the next resistance around $0.05. Reclaiming that level would confirm a larger trend reversal and significantly higher targets.
As long as $0.03 holds, the structure remains constructive. The longer the consolidation, the greater the potential for expansion.
Phala Network accumulation continues 🚀